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RIO GRANDE FEDERAL CREDIT UNION

Sep, 30, 2025 — RIO GRANDE FEDERAL CREDIT UNION is a federal credit union headquartered in GRAND JUNCTION, CO with 2 branch locations and about $80.10 million in total assets. Opened 86 years ago in 1940, RIO GRANDE FEDERAL CREDIT UNION has about 4,927 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:RIO GRANDE FEDERAL CREDIT UNION
Address:
(Main Office)
760 Rood Ave
GRAND JUNCTION, CO 81501-3408
Phone:(970) 243-7330
Fax:(970) 242-9319
Website:https://www.riograndefcu.org
Branches:2 branch locations
Members:4,927
Credit Union Type:Federal Credit Union
Charter Number:3963
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1940
Last Audited:Mar 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$80,099,023
CEO/Manager:Valarie Neumeier
Chairperson:Daniel Steinkirchner

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 10,878,380
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 15,870,039
 Unsecured Loans 742,454
 Other Loans 11,852,521
 TOTAL LOANS 28,946,422
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -114,493
 Land And Building 1,775,251
 Other Fixed Assets 29,240
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 566,962
 All Other Assets 0
  TOTAL ASSETS 80,099,023
LIABILITIES & CAPITAL:  
 Dividends Payable 146,120
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 93,003
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 9,911,384
 Regular shares 35,737,497
 All Other Shares & Deposits 17,515,006
  TOTAL SHARES & DEPOSITS 63,163,888
  TOTAL LIABILITIES 63,403,011
 Regular Reserve 0
 Other Reserves 1,986,792
 Undivided Earnings 14,709,220
  TOTAL EQUITY 16,696,012
  TOTAL LIABILITIES, SHARES, & EQUITY 80,099,023
INCOME & EXPENSE  
 Loan Income 1,260,062
 Investment Income 1,185,920
 Other Income 113,546
 Total Employee Compensation & Benefits 552,918
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 694,653
 Non-operating Income & (Expense) -14,961
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 13,000
 Cost of Funds 469,303
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,038,710
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